Long term base formation on charts of Coal India Limited
COALINDIA is showing long term reversal in chart patterns. 250 possible if stock closes above 200. Strong followup buying expected above 200. Long positions can be initiated.- High Dividend Yield
- Rising demand of coal from Industries
- possibilities of Switching in green energy
- Low P/E provides opportunity to invest when compares with other coal mining companies across the world.
The idea shared is for educational purpose only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.